Inman Connect
Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second-home markets soaring. What does the future hold for new second-homeowners and for managers of more robust property portfolios? We’ll explore that and more, all May long, at Inman.
With the advent of short-term rental platforms like Airbnb in the late aughts, suddenly the average person with an unrelated day job could potentially live out their dream of running a bed and breakfast.
A burgeoning online short-term rental community and a variety of platforms to support their businesses helped many individuals grow side gigs into full-time businesses as short-term stays started to pop up on travelers’ radar. Now, it’s not uncommon for individuals to earn most of their income from these properties.
Rocio Lane is the founder and CEO of on-demand vacation rental cleaning company Cleancio.
Born and raised in Bolivia, the Hispanic entrepreneur fell in love with the industry because of the possibility it held for innovation. She hosted Airbnb properties and engaged with the host side of the industry for years before realising there was room for improvement on the side of property management and housekeeping operations. The pursuit of her passion for housekeeping would later grow into the high-quality service for short-term rental businesses and hosts that it is today.
Lane is also an alumnus of Chicago-based WiSTEM, the 1871 accelerator programme for female entrepreneurs. The rigorous 12-week programme includes curated programming, mentorship, and facilitated introductions to key corporate and venture partners, culminating in a community showcase event open to Chicago’s tech leaders, supporters and potential investors at 1871.